Verizon just announced that on this Sunday, December 5, Verizon will launch its LTE network in the US. The network will launch in 39 cities around the country (listed below) alongside LG's VL600 USB 3G/LTE modem.

The modem will be available in Verizon stores for $99.99 after a $50 rebate with a new 2-year agreement. Service will set you back $50 per month for up to 5GB of data transfers or $80 for 10GB. Overages are billed at $10 per GB.

Verzion stated that speeds on a fully loaded LTE network will range between 5 - 12Mbps down and 2 - 5Mbps up. Latency should be roughly half what it is today on VZW's 3G network.

We'll see more LTE modems ship before the end of the year and LTE enabled smartphones towards the middle of 2011, with devices being announced at CES in January. 

What about the rest of the country? Verizon plans to have its current 3G network covered by LTE before the end of 2013.

Verizon Wireless 4G LTE Initial Major Metropolitan Area Deployment (Dec. 5, 2010) 
Akron, Ohio 
Athens, Georgia 
Atlanta, Georgia 
Baltimore, Maryland 
Boston, Massachusetts 
Charlotte, North Carolina 
Chicago, Illinois 
Cincinnati, Ohio 
Cleveland, Ohio 
Columbus, Ohio 
Dallas-Ft. Worth Metroplex, Dallas, Texas 
Denver, Colorado 
Ft. Lauderdale, Florida 
Houston, Texas 
Jacksonville, Florida 
Las Vegas, Nevada 
Los Angeles, California 
Miami, Florida 
Minneapolis/Saint Paul, Minnesota 
Nashville, Tennessee 
New Orleans, Louisiana 
New York, New York 
Oakland, California 
Oklahoma City, Oklahoma 
Orlando, Florida 
Philadelphia, Pennsylvania 
Phoenix, Arizona 
Pittsburgh, Pennsylvania 
Rochester, New York 
San Antonio, Texas 
San Diego, California 
San Francisco, California 
San Jose, California 
Seattle/Tacoma, Washington 
St. Louis, Missouri 
Tampa, Florida 
Washington, D.C. 
West Lafayette, Indiana 
West Palm Beach, Florida 

Verizon Wireless 4G LTE Initial Commercial Airport Deployment (Airport Name, City, State) Dec. 5, 2010 
Austin-Bergstrom International, Austin, Texas 
Baltimore/Washington International Thurgood Marshal, Glen Burnie, Maryland 
Bob Hope, Burbank, California 
Boeing Field/King County International, Seattle, Washington 
Charlotte/Douglas International, Charlotte, North Carolina 
Chicago Midway International, Chicago, Illinois 
Chicago O’Hare International, Chicago, Illinois 
Cincinnati/Northern Kentucky International, Covington, Kentucky 
Cleveland-Hopkins International, Cleveland, Ohio 
Dallas Love Field, Dallas, Texas 
Dallas/Fort Worth International, Fort Worth, Texas 
Denver International, Denver, Colorado 
Fort Lauderdale/Hollywood International, Fort Lauderdale, Florida 
George Bush Intercontinental/Houston, Houston, Texas 
Greater Rochester International, Rochester, New York 
Hartsfield-Jackson Atlanta International, Atlanta, Georgia 
Honolulu International, Honolulu, Hawaii 
Jacksonville International, Jacksonville, Florida 
John F. Kennedy International, New York, New York 
John Wayne Airport-Orange County, Santa Ana, California 
Kansas City International, Kansas City, Missouri 
La Guardia, New York, New York 
Lambert-St. Louis International, St. Louis, Missouri 
Laurence G. Hanscom Field, Bedford, Massachusetts 
Long Beach/Daugherty Field, Long Beach, California 
Los Angeles International, Los Angeles, California 
Louis Armstrong New Orleans International, Metairie, Louisiana 
McCarran International, Las Vegas, Nevada 
Memphis International, Memphis, Tennessee 
Metropolitan Oakland International, Oakland, California 
Miami International, Miami, Florida 
Minneapolis-St. Paul International/Wold-Chamberlain, Minneapolis, Minnesota 
Nashville International, Nashville, Tennessee 
New Castle, Wilmington, Delaware 
Newark Liberty International, Newark, New Jersey 
Norman Y. Mineta San Jose International, San Jose, California 
North Las Vegas, Las Vegas, Nevada 
Orlando International, Orlando, Florida 
Orlando Sanford International, Sanford, Florida 
Palm Beach International, West Palm Beach, Florida 
Philadelphia International, Philadelphia, Pennsylvania 
Phoenix Sky Harbor International, Phoenix, Arizona 
Phoenix-Mesa Gateway, Mesa, Arizona 
Pittsburgh International, Pittsburgh, Pennsylvania 
Port Columbus International, Columbus, Ohio 
Portland International, Portland, Oregon 
Rickenbacker International, Columbus, Ohio 
Ronald Reagan Washington National, Arlington, Virginia 
Sacramento International, Sacramento, California 
Salt Lake City International, Salt Lake City, Utah 
San Antonio International, San Antonio, Texas 
San Diego International, San Diego, California 
San Francisco International, San Francisco, California 
Seattle-Tacoma International, Seattle, Washington 
St. Augustine, Saint Augustine, Florida 
St. Petersburg-Clearwater International, Clearwater, Florida 
Tampa International, Tampa, Florida 
Teterboro, Teterboro, New Jersey 
Trenton Mercer, Trenton, New Jersey 
Washington Dulles International, Dulles International Airport, Washington, D.C. 
Will Rogers World, Oklahoma City, Oklahoma 
William P. Hobby, Houston, Texas